Post
Topic
Board Altcoin Discussion
Re: What happens to coins that peeged their ICO to Ethereum?
by
levvv
on 16/05/2019, 03:46:46 UTC
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

If the price of ICO pegged with ETH, then there will be advantage and disadvantage later.
The team will suffer from loss value if the market dump, but will gain profit if the market pump like now.
I guess it is better to pegged in USD value, so it won't be affected by the volatility of ETH price.